Line Loans definition

Line Loans. As defined in Section 2.1(a) of this Agreement.
View Source
Line Loans is hereby deleted in its entirety.
View Source
Line Loans has the meaning assigned to such term in the recitals hereof.
View Source

Examples of Line Loans in a sentence

  • The Swing Line Lender shall be responsible for invoicing the Borrower for interest on the Swing Line Loans.

  • The Borrower shall make all payments of principal and interest in respect of the Swing Line Loans directly to the Swing Line Lender.

  • No such funding of risk participations shall relieve or otherwise impair the obligation of the Borrower to repay Swing Line Loans, together with interest as provided herein.

  • If Bank of America resigns as Swing Line Lender, it shall retain all the rights of the Swing Line Lender provided for hereunder with respect to Swing Line Loans made by it and outstanding as of the effective date of such resignation, including the right to require the Lenders to make Base Rate Loans or fund risk participations in outstanding Swing Line Loans pursuant to Section 2.04(c).

  • The obligations of the Lenders hereunder to make Committed Loans, to fund participations in Letters of Credit and Swing Line Loans and to make payments pursuant to Section 10.04(c) are several and not joint.

  • The Borrowers shall make all payments of principal and interest in respect of the Swing Line Loans directly to the Swing Line Lender.

  • The Swing Line Lender shall be responsible for invoicing the Borrowers for interest on the Swing Line Loans.

  • The Swing Line Lender shall be responsible for invoicing the Company for interest on the Swing Line Loans.

  • The Company shall make all payments of principal and interest in respect of the Swing Line Loans directly to the Swing Line Lender.

  • No such funding of risk participations shall relieve or otherwise impair the obligation of the Company to repay Swing Line Loans, together with interest as provided herein.


More Definitions of Line Loans

Line Loans has not been so cured) whose Combined Pro Rata Shares represent greater than fifty percent (50%) of the aggregate Combined Pro Rata Shares of such Facility Lenders; provided further, however, that, if the Commitments or the "Commitments" under the Five-Year Credit Agreement have been terminated pursuant to the terms of this Agreement or the Five-Year Credit Agreement (as applicable), "Required Lenders" means Facility Lenders (without regard to any of the Facility Lenders' performance of their respective obligations under the Three-Year Credit Agreement) whose aggregate ratable shares (stated as a percentage) of the aggregate outstanding principal balance of the sum of (x) all "Loans and L/C Obligations" under the Three-Year Credit Agreement and (y) all L/C Obligations are greater than fifty percent (50%).
View Source